Pending settlement
  • Deadline
    12.11.2021
  • Start of investment period
    01.01.1970
  • Start time
    12.10.2021 14:30
  • Asset class
    Industrial
  • Investment type
    Development
  • Investment end date
    30.09.2022
  • Remaining term
    11 months
  • Expected rate of return
    10% p.a.
  • Expected cash yield
    %
  • No of investors
    377
  • Goal
    €138 900

Executive summary

With this investment opportunity, the Crowdestate investors have the opportunity to invest in a mortgage secured bridge loan in the amount of EUR 138,900.

The purpose of the loan is to provide operating capital for a well established construction company in Bratislava, Slovakia, Dekos Bratislava s.r.o. The Sponsor will use these funds to start new construction project in Bratislava. 

The loan will be secured with a 1st. rank mortgage on the Dekos Bratislava’s property. The property is industrial real estate the Sponsor uses for its operations. The market value of the property is EUR 560,000. Previously, Crowdestate investors have invested in this project EUR 201,100. Accordingly, the loan-to-value ratio (LTV) of this project is 60%.

The Sponsor is committed to pay 10% yearly interest. There are no periodic interest payments.

This is a short-term investment opportunity. The principal and interest payments will be made as a bullet payment at the end of the 11-month loan period.

The loan will be repaid from the sponsor's operating revenues, from refinancing or from sales of the property.

Crowdestate

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